Texas Capital Government Money Market ETF (NYSE:MMKT) to Issue Dividend of $0.07

Texas Capital Government Money Market ETF (NYSE:MMKT) declared a dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be given a dividend of $0.0719 per share on Monday, November 2nd. This represents a yield of 373.0%. The ex-dividend date of this dividend is Friday, October 30th. This is a 1.0% increase from Texas Capital Government Money Market ETF’s previous dividend of $0.0712.

Texas Capital Government Money Market ETF Stock Performance

Texas Capital Government Money Market ETF stock traded down $0.03 during mid-day trading on Friday, hitting $100.16. 3,000 shares of the company were exchanged, compared to its average volume of 9,275. Texas Capital Government Money Market ETF has a 12-month low of $99.84 and a 12-month high of $100.32. The business’s 50 day simple moving average is $100.19 and its two-hundred day simple moving average is $100.22.

About Texas Capital Government Money Market ETF

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.